On January 23, we launched GeekMBA360.com Layoff Satisfaction Survey. The responses have been overwhelming as we heard from folks from many companies.
Last week, we released the first installment of our Layoff Satisfaction Survey result: Microsoft Employees spoke up! Layoff Satisfaction Survey Result.
Today, I would like to share some of the feedback we have received from former employees at AT&T. To protect confidentiality, the entire survey was conducted anonymously.
Which department did you work for at your former employer?
We have heard from folks working in a variety of departments such as Advertising (Yellow Page), Marketing, Consumer IT, etc..
How many days of advance notice did employees get from AT&T regarding the layoff?
What’s your severance package? (Salary, Medical, etc.)
- 6 weeks salary, optional COBRA at $750/mo. Timed it so my layoff date was 1 week before bonus payouts, which they of course could give me, but of course chose not to do.
- 6 months medical, one week pay for every week worked but that was nearly a wash since we gave up vacation & holiday pay we would have received on Jan 1.
What’s the reason you were given for getting laid off?
What do you think is the real reason that you got laid off?
- Sales are down down down, management has no idea what to do
- High salary, age and close to retirement age.
Please rate how your former employer communicated the layoff?
The average rating is Good.
Please rate your former employer’s management
The average rating is Good.
Please rate your severance package
The average rating is FAIR
What were your top frustrations working at your former employer?
- Our branch for example … a multi-million product managed by people with no education – 3 out of 4 in our area had high school as top education level. None of the people in our branch had ANY outside training in advertising, marketing, management – when things went south they had no skills.
- Our old leadership (Upper executives) from Southwestern Bell and SBC are top class. But after we purchased the "old" AT&T and their middle managers were put in charge, things were not the same. The "old" AT&T employees forgot who bought whom! Some thing happened when we purchased Bell South, those employees didn’t like the middle managers or any of the so call "best practices" from the "old" AT&T. The other thing was "change" ever year we had it. Not a good thing, if current managers/employees are honest they would tell you it sucks, always waiting for the next round of layoffs.
- Nothing depends on you. You can’t influence on decision making process at any level
What feedback do you have for your previous employer?
- I am gloriously happy to be away from you.
- None, really. You could go to your direct report. But hey that’s who tagged me for a "60 day" letter, as they call it at AT&T.
Any words of wisdom/suggestions you want to share with fellow hard-working professionals who’re concerned about layoffs? (Optional, but it would be great if you can share some of wisdom. :-))
- Think of it as opportunity
- Don’t wait until the notice to have the following in order: resume, networking, and always work on your post career, while you have a career.
- GeekMBA360.com will continue to release additional installments of Layoff Satisfaction Survey results in the next two weeks. The survey results will be released on Wed, 2/11/2009, and will cover Sun Microsystem. Stay tuned.
- Are you recently laid off and interested in sharing your experience? Please fill out our ongoing Layoff Satisfaction Survey .
- Please read our Depression 2.0 Survival Guide for High Tech Professionals that provides hard-hitting, up-to-date, practical strategies, analysis, and tips to help high tech professionals to survive and beat Depression 2.0
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